During the first week of April, the publicly-listed gaming and internet company The9 Limited revealed its intentions to purchase 2,000 Avalonminers from the manufacturer Canaan. On Monday, The9 announced it
Category: Avalonminers
After Years of ASIC Manufacturing Canaan Expands to Bitcoin Mining in KazakhstanAfter Years of ASIC Manufacturing Canaan Expands to Bitcoin Mining in Kazakhstan
Canaan Inc., the crypto mining rig manufacturer based in Beijing, has announced the company plans to mine cryptocurrencies in Kazakhstan. The company says that the firm’s next-generation Avalonminer mining rigs
Genesis Digital Assets Purchases 10,000 Bitcoin Miners from CanaanGenesis Digital Assets Purchases 10,000 Bitcoin Miners from Canaan
The Beijing-based ASIC mining rig manufacturer Canaan announced the sale of 10,000 bitcoin mining machines to the firm Genesis Digital Assets Limited. Canaan plans to deliver the 10,000 A1246 and
Canaan Expects $250M Revenue in Q2 — Yields and Mining Rig Deliveries to ‘Increase Substantially’Canaan Expects $250M Revenue in Q2 — Yields and Mining Rig Deliveries to ‘Increase Substantially’
The mining rig manufacturer Canaan saw steady profits during the Q1 after reporting its unaudited first quarter 2021 financial results on Tuesday. Canaan noted that it expects to at least
Canaan to Sell $93 Million in Next-Generation Bitcoin Miners to Genesis Digital AssetsCanaan to Sell $93 Million in Next-Generation Bitcoin Miners to Genesis Digital Assets
The ASIC bitcoin mining rig manufacturer and chipmaker, Canaan has announced the company has signed a $93.63 million purchase order with the mining firm Genesis Digital Assets. Genesis will be
Canaan to Ship 11,760 Next-Generation Bitcoin Miners to a US-Listed Firm, CAN Shares Jump 11%Canaan to Ship 11,760 Next-Generation Bitcoin Miners to a US-Listed Firm, CAN Shares Jump 11%
On April 21, the bitcoin mining rig manufacturer Canaan announced the firm will be supplying 11,760 next-generation A1246 ASIC Avalonminers to a company called Mawson Infrastructure Group. The announcement notes
Online Game Operator The9 Plans to Purchase 2,000 Bitcoin Miners for Over $6 MillionOnline Game Operator The9 Plans to Purchase 2,000 Bitcoin Miners for Over $6 Million
The Shanghai-based online game operator, The9 Limited, has revealed the company is planning to acquire 2,000 Canaan Avalonminers for over $6 million in a stock deal. The9’s binding memorandum of